StockWatch
·
Metal Fabrications
Quarterly ResultMay 5, 2026, 04:33 PM

Mueller Water Products Q2 Net Sales $384.4M; Adj. EPS $0.40; Raises FY26 EBITDA Outlook

AI Summary

Mueller Water Products reported strong second quarter 2026 results, with net sales increasing 5.5% to $384.4 million and adjusted net income per diluted share rising 17.6% to $0.40. The company achieved record net sales, adjusted EBITDA, and adjusted net income per diluted share, driven by disciplined execution and resilient end-market demand. Based on this performance, Mueller Water Products raised its annual guidance for fiscal 2026 adjusted EBITDA.

Key Highlights

  • Net sales increased 5.5% to $384.4 million in Q2 2026.
  • Adjusted Net Income per Diluted Share rose 17.6% to $0.40.
  • Adjusted EBITDA increased 15.0% to $97.2 million, with margin expanding to 25.3%.
  • Water Flow Solutions net sales grew 1.0% to $218.3 million.
  • Water Management Solutions net sales increased 12.2% to $166.1 million.
  • Company raised fiscal 2026 Adjusted EBITDA guidance to $360 million - $365 million.
  • Net cash provided by operating activities for the six-month period decreased to $48.4 million.
  • Free cash flow for the six-month period decreased to $16.5 million.